Alfalah Cooperative Housing Society is a bonafide housing society, duly registered with the Registrar Cooperatives, Government of Punjab. It is not a commercial venture, and has been established purely for the benefit of the members, on a self-help basis. The Society has been setup with the objective to provide its members with secure and high quality residential facilities, complete with all essential amenities and natural and serene surroundings for a comfortable family living.
Located next to villages Hair and Tatley (about six km from Hadiara Drain), the society was earlier planned on 810 Acre of land to be used for residential, commercial and other amenities. In view of financial constraints the society could however purchase 680 Acre of land. Accordingly, the sizes of committed plots were reduced by 33% as also approved by the AGM 2013 to accommodate the registered members within the available land. So far Layout Plan could not be prepared as the govt had banned all urban activity in that area. Now, in July 2016, LDA has allowed the society to submit its layout plan for approval. In response, the society has started the process of preparing the layout plan.
The Society’s accounts are maintained following accepted accounting standards and have been audited by the Registrar’s office till June 2011.
Appropriate security measures have been undertaken on the site by deputing a team of security guards to safeguard the property against any violation or transgression. All property documents are in the name of the Society and these have been duly inspected by legal practitioners and placed in Safe deposit lockers under the joint custody of two office bearers of the Society